Galaxy secures $1.4B debt to expand Helios AI & HPC center
Galaxy Digital has secured a $1.4 billion debt facility, covering 80% of the expansion costs, plus $350 million in equity, to upgrade its West Texas Helios data center into a next-generation AI and high-performance computing (HPC) hub. The full campus will deliver up to 3.5 GW of power, with the first 800 MW phase under a long-term lease to AI cloud provider CoreWeave. This phase is set to come online by early 2026 and could generate over $1 billion in average annual revenue for 15 years. The deal underscores Galaxy’s push to diversify beyond crypto mining by offering AI compute services and leveraging Texas’ low energy costs and favorable regulations. Crypto traders will monitor how the upgraded Helios data center influences Galaxy’s revenue outlook and the broader digital asset market.
Neutral
This announcement primarily concerns Galaxy Digital’s corporate financing and infrastructure expansion rather than a specific cryptocurrency or token. While the move enhances Galaxy’s revenue stability through AI and HPC services at the Helios data center, it does not directly alter the fundamentals or supply-demand dynamics of any particular crypto asset. As a result, its immediate price impact on the digital currency market is likely neutral. Over the long term, enhanced revenue streams could bolster Galaxy’s balance sheet and contribute to broader institutional confidence in digital asset firms, but this effect remains peripheral to crypto prices themselves.